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KPMG & CII Report on Shifting Gears: the Evolving EV landscape in India

The report provides an understanding of segment wise propensity to transition to EVs by analyzing use cases and Total Cost of Ownership, and estimates the EV penetration by 2025 and 2030. It evaluates the policy framework and the readiness of the enabling ecosystem for EVs i.e. charging infrastructure, ownership models, localization of production, financing, and […]

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Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report

A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […]

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ADB Grants $132.8 Mn Loan to Modernise Power Distribution Network in Meghalaya

ADB has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in Meghalaya. The Asian Development Bank (ADB) has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in India’s northeastern state of Meghalaya. The project will construct 23 substations; renovate […]

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Andhra Pradesh Planning to Install 400 EV Charging Stations

The state government of Andhra Pradesh has decided to set up 400 electric vehicle (EV) charging stations across the state. The state government of Andhra Pradesh, in an attempt to promote the adoption of electric vehicles (EV), has decided to set up 400 electric vehicle charging stations across the state. And the TNN reports that […]

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Efficient Storage Solutions can Meet Challenges in India’s RE Programme: Prabhu

Efficient energy storage technology can help meet the challenges in India’s renewable energy (RE) programme, former union minister Suresh Prabhu has said. Efficient energy storage technology and solutions can help meet the challenges in India’s renewable energy (RE) programme, former union minister Suresh Prabhu has said. India has set an ambitious target of having 175 GW of clean energy by 2022 including 100 […]

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Sungrow Crosses 1 GW Mark for PV Inverter Shipments in Chile

Sungrow has hit the 1 GW mark for PV inverter cumulative shipments to Chile, and it took first place in the shipment ranking in Chile this year. Sungrow, a leading global inverter solution supplier for renewables, has announced that the Company hit the 1 GW PV inverter cumulative shipments to Chile and took first place […]

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Total Portrays Resilience in Third Quarter Results

Total SE’s Board of Directors met on October 29, 2020, under the chairmanship of CEO Patrick Pouyanné to approve the Group’s third quarter 2020 financial statements. On this occasion, Patrick Pouyanné said: “After a second quarter in which the Group faced exceptional circumstances with oil prices falling below $20/b and a very strong slowdown of […]

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ENGIE to Develop 420 MW Wind Farm in Australia After Latest Acquisition

ENGIE ANZ has announced the purchase of the 420 MW (on completion) Hills of Gold Wind Farm development near Nundle, New South Wales in Australia. ENGIE Australia & New Zealand (ENGIE ANZ) has announced the purchase of the Hills of Gold Wind Farm development near Nundle, New South Wales in Australia. The project, which is […]

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MSEDCL Petition to Float Open Tenders Under MSKVY Halted by MERC

MSEDCL has had its petition with MERC, seeking approval to float open tenders and taking land on lease by paying rent under MSKVY Scheme, halted for now. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) seeking approval to float Open tenders and taking land […]

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